Note 4 - Intangible Assets, Net

3 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

4. Intangible assets, net

Intangible assets consist of acquired intangible assets and self-developed software. Amortization expense for intangible assets was $0.6 million for the three months ended March 31, 2024, and $0.5 million for the three months ended  March 31, 2023, respectively. 

A summary of the balances of the Company’s intangible assets as of  March 31, 2024 and  December 31, 2023 is presented below:

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
						March 31,							December 31,
						2024							2023
	(in thousands)
Technology and software	$	8,252	$	(2,144	)	$	6,108	$	7,976	$	(1,758	)	$	6,218
Customer related assets		4,450		(737	)		3,713		4,546		(640	)		3,906
Content		825		(481	)		344		843		(421	)		422
Total	$	13,527	$	(3,362	)	$	10,165	$	13,365	$	(2,819	)	$	10,546

As of March 31, 2024, estimated future amortization expense for intangible assets, net is as follows:

Year Ending December 31:
	(in thousands)
2024 (nine months)	$	1,808
2025		2,048
2026		1,556
2027		1,169
2028		994
Thereafter		2,590
Total intangible assets subject to amortization	$	10,165